Board of Directors

Mr. Lay Krisnan Cahya
Non-Executive Chairman

Mr. Lay Krisnan Cahya was appointed as a Non-Executive Director and Non-Executive Chairman on 20 April 2015 following the completion of the acquisition of 66.9998% equity interest in the share capital of PT Golden Energy Mines Tbk (“GEMS”) from PT Dian Swastatika Sentosa Tbk (“DSS”) (“DSS Completion”). Mr. Cahya is a member of both the Audit Committee and Remuneration Committee. Except for the below, Mr. Cahya does not have any relationship including immediate family relationship with the Directors or the Company as defined in the Code of Corporate Governance 2012 (the “Code”).

Mr. Cahya has over 30 years working experience in banking and corporate. He is currently the president director of DSS and president commissioner of GEMS.

Mr. Cahya graduated with a Bachelor of Economics (Accounting) from Tarumanagara University, Indonesia in 1986.
Mr. Fuganto Widjaja
Executive Director, Group CEO

Mr. Fuganto Widjaja was appointed as an Executive Director and the Group Chief Executive Officer on 20 April 2015 following DSS Completion. Mr. Widjaja is a member of Nominating Committee. Mr. Widjaja is the son of Mr. Indra Widjaja and nephew of Mr. Franky Oesman Widjaja and Mr. Muktar Widjaja. Mr. Indra Widjaja, Mr. Franky Oesman Widjaja and Mr. Muktar Widjaja are the ultimate controlling shareholders of the Company. Except for the above, Mr. Widjaja does not have any relationship including immediate family relationship with the Directors or the Company as defined in the Code.

Mr. Widjaja has more than 10 years of experience in general management and supervisory responsibilities in the coal industry. Mr. Widjaja is a commissioner of GEMS and PT Sinar Mas Multiartha Tbk and president director of PT Berau Coal Energy Tbk.

Mr. Widjaja graduated with a Bachelor of Arts (Computer Science and Economics) from Cornell University in 2003 and obtained a Master’s Degree in Philosophy (Finance) from the University of Cambridge in 2004.
Mr. Dwi Prasetyo Suseno
Executive Director, Deputy Group CEO

Mr. Dwi Prasetyo Suseno was appointed as an Executive Director and the Deputy Group Chief Executive Officer on 26 October 2015. He does not have any relationship including immediate family relationship with the Directors, the Company or its 10% shareholders as defined in the Code. Mr. Suseno was re-elected to the Board on 29 April 2016.

Mr. Suseno has over 20 years of experience in mining, commodities and oil & gas related industries with exposures in operations, general management, trading, finance, business development, corporate legal and international taxation. He has worked with PT Indo Straits Tbk, Straits Asia Resources Limited, Baker Hughes Inc., Arthur Andersen and Ernst & Young LLP Australia.

He obtained his Bachelor of Commerce degree from the University of Western Australia, Postgraduate Diploma in Business degree from Curtin University, Western Australia and Executive MBA degree from Kellogg School of Management & HKUST. He holds a Graduate Diploma degree in Taxation Law Masters from the University of Melbourne, Australia. Mr. Suseno is a Fellow Certified Public Accountant of CPA Australia and a council member of CPA Australia, Singapore Divisional Council. He is also a Chartered Accountant and member of Institute of Singapore Chartered Accountants.
Mr. Mochtar Suhadi
Executive Director

Mr. Mochtar Suhadi was appointed as an Executive Director of the Company on 20 April 2015 following DSS Completion. He does not have any relationship including immediate family relationship with the Directors, the Company or its 10% shareholders as defined in the Code. Mr. Suhadi was re-elected to the Board on 29 April 2016.

Mr. Suhadi has many years of experience in general management of operations, merger & acquisitions, exploration, joint ventures and joint operations of coal mines in Indonesia.

Mr. Suhadi is presently a director of GEMS. He was previously a non-executive director of the Company from January 2011 to August 2011. Mr. Suhadi graduated with a Bachelor of Science from University of Michigan in 2004.
Mr. Lim Yu Neng Paul
Independent Director

Mr. Paul Lim Yu Neng was appointed as a non-Executive Director of the Company on 3 August 2007 and was re-designated as an Independent Director on 26 February 2009. He is presently the Chairman of the Audit Committee and member of both the Nominating Committee and the Remuneration Committee of the Company. Mr. Lim does not have any relationship including immediate family relationship with the Directors, the Company or its 10% shareholders as defined in the Code. Mr. Lim was re-elected to the Board on 29 April 2016.

Mr. Lim has over 25 years of banking experience with international investment banks including Morgan Stanley, Deutsche Bank, Solomon Smith Barney and Bankers Trust. He is currently the Managing Director and Head of Private Equity of SBI Ven Capital Pte Ltd. Mr. Lim is an independent director of China Everbright Water Limited and an independent director of Nippecraft Limited.

Mr. Lim obtained his Master of Business Administration in Finance and Bachelor of Science in Computer Science from the University of Wisconsin, Madison, USA. He is a Chartered Financial Analyst (CFA).
Mr. Lew Syn Pau
Independent Director

Mr. Lew Syn Pau was appointed as an Independent non-Executive Director of the Company on 20 April 2015 following DSS Completion. He is presently the Chairman of the Nominating Committee and Remuneration Committee and member of the Audit Committee of the Company. He does not have any relationship including immediate family relationship with the Directors, the Company or its 10% shareholders as defined in the Code.

Mr. Lew is an independent director in SUTL Enterprise Ltd, Broadway Industrial Group Limited, Food Empire Holdings Ltd, Golden Agri-Resources Ltd and Poh Tiong Choon Logistics Limited. He is also chairman of SUTL Enterprise Ltd and Broadway Industrial Group Limited.

Mr. Lew was a Singapore Government scholar, and has a Bachelor (1977) and Master (1981) of Engineering from Cambridge University, UK and a Master of Business Administration from Stanford University, USA (1984). He was a member of the Singapore Parliament from 1988 to 2001, during which he chaired the Singapore Government Parliamentary Committees for Education, Finance, Trade and Industry and National Development.
Mr. Irwandy Arif
Independent Director

Mr. Irwandy Arif was appointed as an Independent non-Executive Director of the Company on 20 April 2015 following DSS Completion. He does not have any relationship including immediate family relationship with the Directors, the Company or its 10% shareholders as defined in the Code.

Mr. Arif has over 30 years of experience in the mining industry. He is an Independent Commissioner of GEMS and PT Vale Indonesia Tbk, member of audit committee on Board of Commissioners of GEMS, PT Adaro Energy Tbk and PT Tobabara Sejahtera Tbk.

Mr. Arif graduated with a Bachelor of Engineering in Mining Engineering from the Bandung Institute of Technology in 1976, obtained his Master of Science in Industrial Engineering from the Bandung Institute of Technology in 1985 and was conferred a Doctoral Degree from the Ecole des Mines de Nancy, France in 1991.
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